It has often been seen that those who invest in land or property tend to leave it unattended or unprotected for long periods of time. This is relevant especially when it comes to NRIs, who often buy into a lot of land with the idea of investing and then reselling it at a later date. But between these two timelines anything could happen. As the person is unavailable the land could be encroached upon, and illegally occupied, by squatters or unfavorable elements. This can lead to a lot of misery for the investor – a lot of unnecessary time will have to be spent in dealing with this problem and evicting the illegal invaders of the land in question.
HOW DOES ILLEGAL POSSESSION TAKE PLACE?
It can take place in two ways – one, illegal elements can simply encroach upon the land and take it over, showing forged documents. Another way of illegal possession is a renter staying on the property of the landlord without paying rent. This usually occurs when the rental contract has not been drafted properly.
SOME TIPS TO MINIMIZE ILLEGAL POSSESSION:
- Build a sturdy fence around the property.
- Keep in touch with the neighbors so that you can receive updates on what is going on.
- Conduct regular inspections of the property. If a structure is built without your knowledge it will be difficult to get it demolished. Regular inspections will ensure that you get time to respond in such tricky situations.
- If you are giving out your property on rent ensure that the rental contract does not have any loopholes.
- Lease agreements should be renewed at the right time – the tenant should not be allowed to stay on the property after the agreement has expired.
To prevent illegal possession of your property can be an arduous task. Luckily today, services like jahernotice.com are available, which ensure that your property stays protected from fraudulent transactions. Log on to www.jahernotice.com and get equipped with sure-fire property protection. Stay hassle-free!